SIA Group passenger traffic up 1.5% in August
SIA’s traffic is up 0.5% while Scoot’s increased 4.9%
Singapore Airlines Group's passenger traffic saw a 1.5% increase in August, reaching 13.8 million revenue passenger kilometres (RPK) compared to the previous year. The group reported that passenger capacity rose by 3.5% to 16 million available seat kilometres (ASK), while the number of passengers carried increased by 3.6% to 3.7 million in the same period.
Passenger traffic and capacity growth were mainly observed in East Asia, Europe, and the South West Pacific regions. The group's load factor decreased by 1.6 percentage points to 86.4%. Singapore Airlines' passenger traffic grew by 0.5% to 10.5 million RPK, while Scoot's traffic increased by 4.9% to 3.3 million RPK. The airlines' capacity also saw a 3.2% increase to 12.4 million ASK for Singapore Airlines and 4.6% to 3.6 million ASK for Scoot.
The group's cargo load expanded by 2.8% to 533.8 million tonne-km, although cargo capacity decreased by 0.7% to 933.5 million tonne-km due to aircraft maintenance. Despite a softening in e-commerce demand to Europe after the EU imposed a small-parcel duty, cargo demand remained strong across various sectors.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
